Category: Money tips Release Date: 2007-01-14
Source: Xu Bin Guotai Junan
Bottom broader market rebounded Tuesday, retaliatory rebound reproduction. Index of view, the two cities of which rose 1.94% and 3.48%, the basic recover lost ground yesterday, but failed to enlarge the volume will continue to challenge the afternoon, tomorrow will become the long-short 60-day place of strategic importance near the line. The whole disk of view, driven by a rebound in the real estate heavyweights, such as the leading enterprises in China Vanke, the afternoon a strong increase in the limit-and finally sealed. Can be seen in the continuous appreciation of the currency environment, investors enthusiasm for the real estate section growing.
Two factors propelled out of danger tape
For today's broad market soared, I believe that is mainly driven by two factors. First, funds face: today's 2 trillion purchase of new shares to release funds to the market added to sufficient ammunition. 4 new shares of online purchase, the number of households reached 3.47 million, compared to same period last year issued a similar case, the number of households increased by 50% or more, individual funds and rate of increase in the number of participants reached a record high, as a keen sense of smell individual investors, yesterday's decline to the unfreezing of funds just a perfect opportunity for bargain-hunting. Another is the news side: According to "China Securities News" reported that the CIRC will direct investment of insurance capital ratio of A shares from 5% to 10%, the insurance fund equity type of investment ceiling unchanged. Under the current 20.4 trillion calculations of insurance funds, directly into the market will reach 200 billion yuan of funds, which will inject more fresh blood, the market has become the key to adjust the market stabilizing factor and, therefore, share the economic development brought about by benefits.
Can not be too optimistic about the short-term
For today, the market rebounded sharply and investors can not be too optimistic, since the current rally still can not be considered out of tape from a lingering state of the signal: first, the policy face an uncertain macro-economic data on Thursday June a formal announcement, it brings The interest tax and interest rates to adjust the pressure in these two days will reduce the investors to do more enthusiasm, watching the market environment inevitably increases concentration. Second, the market has significantly accelerated the pace of expansion, from last Thursday will also be issued shares of the situation, the mentality of the management is very urgent decompression expansion, originally scheduled for 8,9 month of the return of red chips from overseas, their return rate may also be correspondingly accelerated. Can be seen in the expansion pressure, the market continued to do more limited space. Specific to the operation, investors sell into it should not chase, we should try to avoid blind operation. Investors are advised to be properly configured at this time a number of value types, because the value of an investment perspective, the market bubble from the previous month has been a lot of compression, type species of blue-chip price-earnings ratio has been able to reflect their long-term investment value.
May be concerned about the Datong-Qinhuangdao Railway (601006), the company is the main coal transportation railway transportation company, is responsible for China's "west-east coal," the strategic task of the largest coal transporter. Coal is an important primary energy, coal, base away from coal consumption market, driving the formation of the western coal-east, North-South transport of coal, coal consumption patterns. With the south-east coal demand is growing, "west-east coal" situation will be a long time. Moreover, according to the country in October 2006 issued a "railway" Eleventh Five-Year "plan", 2010, China's coal-channel total capacity will reach 1.8 billion tons, of which Datong-Qinhuangdao line of annual capacity of 4 million tons, the company is currently under way Capacity Expansion project, potential investors may be due attention to the company's ability to resolve from 300000000-400000000 t expansion of technical problems.
